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RMAFC Reafirms Commitment To Recomend Appropriate Renumeration For Public, Political And Judicial Office Holders

Published

7 months ago

March 13, 2025

Joel Ajayi

The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Bello Shehu, OFR, has reiterated the Commission’s commitment to upholding its constitutional mandate of reviewing and recommending the remuneration of political, public, and judicial office holders in accordance with the Act establishing the Commission.

Dr. M. B. Shehu stated this when he received a delegation from the Iinvestment and Security Tribunal (IST) led by the Chairman, Hon. Amos Isaac Azi, who came on a courtesy visit.
Dr. Shehu assured the delegation that the Commission would conduct a thorough review of the IST’s salary structure to ensure alignment with constitutional provisions.

Commending the tribunal for its critical role in Nigeria’s capital market, Dr. M. B. Shehu, acknowledged its global recognition as one of the leading specialized tribunals, noting that similar models have been adopted internationally. He emphasized the tribunal’s significant contribution to investor confidence by efficiently resolving disputes among investors, companies, and individuals, thereby ensuring stability in the financial sector.

“We recognize the remarkable work being done by the IST, and its reputation as a model tribunal in capital market adjudication is well deserved. Your role in ensuring swift and fair dispute resolution is instrumental to investor confidence and market stability. Given the importance of your work, it is only right that we give due attention to your remuneration structure to ensure it reflects your responsibilities,” Dr. M. B. Shehu stated.

The Chairman emphasised that the Commission would revisit the matter with a renewed sense of urgency. “We understand that processes like these take time, as they require comprehensive review and input from various stakeholders.

However, the Commission will ensure that this matter receives the attention it deserves. We have within the Commission highly experienced legal professionals, including a commissioner with extensive expertise, who will oversee the review. Once their findings are concluded, we will make a final recommendation.”

Earlier in his address, Hon. Amos Isaac Azi disclosed that the purpose of the visit was to seek the support of RMAFC in ensuring that the remuneration of the Chairman, members and Chief Registrar of his organisation should be equivalent to that of the Chief Judge, Judges and Chief Registrar of the Federal High Court respectively as enshrined in section 220 of the Investment and Security Act 2007.

He expressed gratitude to Dr. M.B Shehu for the promp attention given to them and praised the Commission for its steadfastness and commitment to the implementation of its mandate.
Speeking further, he said, “As the custodian of investment dispute resolution in Nigeria, the Investment and Securities Tribunal must remain a beacon of efficiency and investor confidence. Just as the law mandates parity in remuneration between the Tribunal and the Federal High Court, so must its implementation reflect this statutory provision without delay,”

Hon. Azi also highlighted the tribunal’s achievements, including the resolution of over ₦1.3 trillion worth of disputes in favor of investors and government agencies, and its pioneering role in introducing verbatim transcription and virtual hearings in Nigeria.

The IST Chairman presented the Nigerian Investment and Securities Tribunal Law Reports, a publication showcasing its commitment to legal excellence and transparency in capital market adjudication to the Chairman of RMAFC

In her vote of thanks, Hon. Rakiya Tanko Ayuba Haruna, mni, Federal Commissioner representing Kebbi State in RMAFC, expressed appreciation for the IST’s engagement with the Commission .

She reaffirmed RMAFC’s dedication to ensuring that all public institutions receive fair and just remuneration, in line with constitutional provisions.

“RMAFC remains committed to reviewing and recommending appropriate remuneration structures, ensuring compliance with constitutional mandates while supporting institutions like the Investments and Securities Tribunal in their efforts to strengthen Nigeria’s financial sector,” she said.

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Tin City Warms Up for President Tinubu as North Central Embraces Renewed Hope

Published

1 day ago

October 4, 2025

The Gleamer

By Sunday Dare

When President Bola Ahmed Tinubu berths on the plains and rolling hills that dominate the Jos landscape tomorrow, he will meet a people resourceful, friendly and resilient but weighed down by conflict, yet unbowed by adversity.

So, tommorrow, national attention turns to the Plateau- a locale laden with history and rich with potential. From the tin mines that gave the city of Jos its name, to the Irish potato, strawberry farms and beetroot plantations that dot its landscape, Jos remains a land of promise—truly the Home of Peace and Tourism.

Jos is also deeply woven into Nigeria’s political history. Plateau is home to towering figures such as Generals JD Gomwalk, Yakubu Gowon, John Shagaya, Joshua Dogoyaro, and Jerry Useni. Solomon Lar, Senator Ibrahim Mantu and numerous others also stand tall in the annals Plateau political history.

Jos was also the rallying ground of the famed Langtang Mafia—a group of influential military officers from Langtang in Plateau State who, at the height of their power, played a significant role in Nigeria’s political and military affairs.

The story of Jos is both exciting and excruciating. The city lost its innocence some two and a half decades ago, when the popular Terminus Market was reduced to rubble through acts of arson and looting.

Thus at the turn of the millennium by 2001, Jos—and by extension, Plateau—was thrown into a cycle of unending conflict. Ethnic tensions, clothed in religious garb, tore through the city and spread across the state, dragging Jos into an abyss of violence, almost of Kigali proportions. Peace gave way to war, and tourism jaunts became undertakings to the undertaker.

Yet Jos has never surrendered. Every time it is written off, it rises again—scarred, but resilient. With its multi-ethnic, multi-religious fabric, the Plateau continues to trudge on in pursuit of peace, development, and egalitarian ideals.

It was here, in Jos, that Nigeria’s democratic resurgence was birthed. The historic SDP convention, where late General Shehu Yar’Adua and Chief Moshood Abiola held sway, took place in this city. Jos gave political life to Abiola, our hero of democracy in 1992

Now, thirty three years later, another hero of democracy and of the June 12 struggle returns to the Plateau. President Tinubu’s return and visit to Plateau State is not just to honor the transition to glory of Nana Lydia Yilwatda, the mother of the APC National Chairman.

It is a visit that carries deeper meaning—one of empathy, solidarity, and renewed hope for a people who have endured decades of turmoil. It is a mission to preach peace, console the bereaved, bind wounds, and assure Plateau of its central place in the Nigerian project.

Mr President comes not just to mourn, but to reconnect. He comes to parley with the North Central, to commiserate with a people who have suffered, and to extend the hand of renewed hope. That Renewed Hope is laying a solid foundation as evidenced by Naira at N1,455 per dollar, rising Foreign Reserves at $43bn, Trade surplus heading for N25tr. Revenues up 411% and Inflation down to about 20 per cent. Over 600,000 students benefiting from NELFUND.

This visit is more than ceremonial. It is a journey into the very soul of a people who have known pain, yet remain resilient; a land scarred by conflict, yet still brimming with hope and promise. As the Tin City opens its arms, Jos will not just receive the President—it will receive a message of solidarity, healing, and renewal.

Tomorrow is about remembering the glorious past, confronting the present, and charting a path to a peaceful and prosperous Plateau within a united Nigeria. With President Tinubu’s Renewed Hope Agenda, Jos once again stands at the intersection of history and destiny.

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